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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −3.1% YoY. inventory, +0.0% YoY, is the number to watch.
The median listing price is down 3.1% YoY while the median home got down 2.7% bigger, so value per square foot is up 2.2%.
U.S. Census ACS characteristics for ZIP 92116 itself, not its parent county.
Renters hold 67.6% of this ZIP's 17,022 occupied households, on a median household income of $98K.
| Measure | ZIP 92116 | San Diego County | Difference |
|---|---|---|---|
| Median Household Income | $98K | $106K | -$8K |
| Below Poverty Level | 11.2% | 10.3% | +0.9% |
| Median Age | 35.70 | 37.30 | -1.60 |
| Total Population | 31,843 | 3,288,774 | -- |
| Avg Household Size | 1.87 | 2.72 | -0.85 |
| Owner-Occupied | 32.4% | 54.6% | -22.2% |
| Worked From Home | 25.6% | 18.7% | +6.9% |
| Mean Commute | 21.90 | 25.50 | -3.60 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.2% to 3,288,774: residents under 18 are down 1.0% and those 65 and over are up 2.8%.
County median household income is $106K, 10.3% of residents are below the poverty level, 18.7% work from home.